The Top 3 Infrastructure Stocks to Buy in April 2024

With the presidential election just months away, one of the hottest topics will be the nation’s infrastructure — especially after the bridge collapse in Baltimore, Maryland. All of which should be a strong catalyst for some of the top infrastructure stocks. That bridge collapse also ignited calls to fix many of America’s aging bridges. In fact, according to Mary Kane, president and CEO of the Maryland Chamber of Commerce , noted, “This event has underscored the crucial role that our nation’s infrastructure plays in supporting the daily lives of our citizens and the smooth functioning of our economy.” Worse, of the 617,000 bridges in the U.S., about 42% are more than 50 years old , says InfrastructureReportCard.org. About 46,154 of the bridges are considered to be of poor quality at the moment. “We need to increase spending on bridge rehabilitation from $14.4 billion annually to $22.7 billion annually, or by 58%, if we are to improve the condition. At the current rate of investment, it will take until 2071 to make all of the repairs that are necessary, and the additional deterioration over the next 50 years will become overwhelming,” they added ....

InvestorPlace - 4/27/2024 6:01:00 AM More News for CAT
Stock Analysis for CAT
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